credit cards

New Zealand Banking Association says a large proportion of mortgage holders are 'reaping the benefits' of paying down their loan faster

New Zealand Banking Association says a large proportion of mortgage holders are 'reaping the benefits' of paying down their loan faster

Stats NZ says retail card spending fell 0.8% last month, while separate data showed the services sector remained in contractionary mode

Stats NZ says retail card spending fell 0.8% last month, while separate data showed the services sector remained in contractionary mode

Fintechs, or financial technology companies, are touted as a threat to banks and a way to boost banking competition. But should the big banks be quaking in their boots?

Fintechs, or financial technology companies, are touted as a threat to banks and a way to boost banking competition. But should the big banks be quaking in their boots?

Stats NZ says retail card spending rose 0.3% on a seasonally adjusted basis in February after taking a dip in January

Stats NZ says retail card spending rose 0.3% on a seasonally adjusted basis in February after taking a dip in January

Stats NZ says retail activity as measured by sales volumes saw the first quarterly gain in December since the March 2024 quarter

Stats NZ says retail activity as measured by sales volumes saw the first quarterly gain in December since the March 2024 quarter

Stats NZ says retail card spending dropped 1.6% on a seasonally adjusted basis in January after growing strongly in December

Stats NZ says retail card spending dropped 1.6% on a seasonally adjusted basis in January after growing strongly in December

Mastercard plans to get rid of credit card numbers. We could be heading towards the end of cards

Mastercard plans to get rid of credit card numbers. We could be heading towards the end of cards

Monthly retail spending figures ended the year on a stronger footing after much weakness in spending throughout 2024

Monthly retail spending figures ended the year on a stronger footing after much weakness in spending throughout 2024

Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight

Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight

Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers

Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers

Monthly retail spending figures were flat in November after showing the strongest rise in months in October

Monthly retail spending figures were flat in November after showing the strongest rise in months in October

Draft decision on changes to regulation of Mastercard and Visa interchange fees coming next week

Draft decision on changes to regulation of Mastercard and Visa interchange fees coming next week

Monthly retail spending has seen its first year-on-year increase for the first time since February; hospitality industry has biggest monthly rise since November 2023

Monthly retail spending has seen its first year-on-year increase for the first time since February; hospitality industry has biggest monthly rise since November 2023

Buy now, pay later the most common first-time path to credit/debt

Buy now, pay later the most common first-time path to credit/debt

Cardholders spent $8.6 billion and made 157 million transactions in September, but electronic card spending still ends the month flat

Cardholders spent $8.6 billion and made 157 million transactions in September, but electronic card spending still ends the month flat